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BWS Financial Raises Price Target on Barracuda Networks (CUDA) to $30

October 12, 2016 9:37 AM EDT

BWS Financial reiterated a Buy rating on Barracuda Networks (NYSE: CUDA), and raised the price target to $30.00 (from $26.00), following the company's 2Q earnings report. CUDA ended the quarter with 299 thousand subscribers
compared to 286 thousand in the first quarter.

Analyst Hamed Khorsand commented, "Barracuda Networks... More

Stephens Downgrades Fortinet (FTNT) to Equal Weight

October 12, 2016 9:35 AM EDT

Stephens downgraded Fortinet (NASDAQ: FTNT) from Overweight to Equal Weight with a price target of $32.00 (from $43.00).

For an analyst ratings summary and ratings history on Fortinet click here. For more ratings news on Fortinet click here.

Shares of Fortinet closed at $34.09 yesterday.

... More

Rosenblatt Reiterates Buy on Barracuda Networks (CUDA) Following 2Q Report

October 12, 2016 9:15 AM EDT

Rosenblatt reiterated a Buy rating and $30.00 price target on Barracuda Networks (NYSE: CUDA) following the company's 2Q earnings report. EPS came in at $0.21, a penny better than the street while both billings of $100.3 million and revenue of $87.9 million were ahead of guidance and... More